Robocoin Opens The First Bitcoin ATM In Vegas, Baby

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Luck be a protected cryptocurrency-based transaction via a highly secure, distributed network tonight! Robocoin, a bitcoin ATM company, has announced that it’s placed the first bitcoin ATM on the Las Vegas strip where the high-rollers and low- can go to turn their winnings into crypto cash.

The ATM, south of Harmon Blvd on Las Vegas Blvd, is “inside a souvenir shop that surpasses 100,000+ in daily foot traffic,” hardly a spot that the Rat Pack might frequent. However, Robocoin is claiming that that the area is secure and popular with tourists. The ATM is owned by Chris McAlary, creator of CoinCloudNV. The ATM is near the end of the strip, across from the new City Center Casino.

The D, a Detroit-themed Casino in Old Town Las Vegas, was the first to have a bitcoin ATM on premises. However, this looks to be the first Bitcoin ATM on the Strip, an interesting development for the widespread adoption of cryptocurrencies among the blackjack and sports book set.

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Crunchbase

OverviewRobocoin is bitcoin's most advanced wallet. It powers the Robocoin platform giving customers the ability to buy, sell, send and receive bitcoin online or in the physical world with cash. The platform is processing millions in bitcoin and cash purchases, sales, and remittances in 18 countries. It is the only bitcoin wallet with physical (cash) and online customer acquisition channels. Robocoin's SDK …